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What is a pocket listing?

A pocket listing is a home an agent markets privately instead of putting it on the MLS. The term is informal. Today the recognized versions are office exclusives and private listings that the seller has approved in writing.

MLMichael LindellMichael Lindell, REALTOR® · eXp Realty, LLC · Founder of Chimpre
Updated

Then and now

Pocket listings once meant an agent quietly sharing a home with a few contacts. Since NAR's Clear Cooperation Policy, an agent in a participating MLS who markets a home to the public must enter it in the MLS within one business day. Private marketing now works through recognized options that start with the seller's signed choice.

TermWhat it means
Pocket listingInformal name for any home marketed off the MLS
Office exclusiveShared only within one brokerage, with the seller's signed choice filed with the MLS
Delayed marketingIn the MLS but held back from public websites for a set period
Private listingPresented to selected agents with the seller's written approval

What buyers should know

Private homes are not on public sites, so your agent's access matters. Ask how your agent finds homes before they go public.

How it works on Chimpre

Every private listing on Chimpre starts with the seller's signed approval, and is introduced only to agents representing active buyers.

See who is looking for a home like yours

Chimpre introduces your home to agents whose active buyers are searching for a home like yours, in your area, at your price, with the space they need. Your agent shows you who is interested before anything goes public.

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Related questions

Is it legal to sell a house off-market?What does "coming soon" mean in real estate?What is the Clear Cooperation Policy?

Sources

  1. NAR MLS Clear Cooperation Policy
  2. NC REALTORS: Multiple Listing Options for Sellers